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HKMPY Hikma Pharmaceuticals plc (PK)

50.66
-0.87 (-1.69%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hikma Pharmaceuticals plc (PK) USOTC:HKMPY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.87 -1.69% 50.66 49.63 51.63 52.10 50.65 52.10 1,516 21:01:21

Acorda Shares Fall as Court Denies Injunction Request in Patent Case -- Market Mover

25/07/2018 7:36pm

Dow Jones News


Hikma Pharmaceuticals (PK) (USOTC:HKMPY)
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Acorda Therapeutics Inc. (ACOR) were down 14.8%, to $24.45, Wednesday afternoon as a federal appeals court denied the company's motion for an injunction in its patent litigation with generic drug companies. In 2017, after a district court upheld one patent for multiple sclerosis treatment Ampyra, but invalidated four others, Acorda said it would cut about 20% of its workforce. If the appeals court doesn't overturn the district court's decision by July 30, "multiple generic drug manufacturers may decide to launch at-risk generic versions of Ampyra," the company said in a filing. (josh.beckerman@wsj.com)

 

(END) Dow Jones Newswires

July 25, 2018 14:21 ET (18:21 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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1 Year Hikma Pharmaceuticals (PK) Chart

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1 Month Hikma Pharmaceuticals (PK) Chart

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